• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    Flexitech Chooses Rimini Street to Extend the Life of its SAP ECC, Accelerate Compliance and Fund Innovation

    3/3/26 9:00:00 AM ET
    $RMNI
    Real Estate
    Real Estate
    Get the next $RMNI alert in real time by email

    Rimini Support™ for SAP helps French brake parts manufacturer avoid unwanted move to RISE with SAP, strengthen security and compliance readiness and reinvest freed capital into R&D and modernization initiatives

    Rimini Street, Inc. (NASDAQ:RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced Flexitech, a French manufacturer of brake and cooling hose solutions for the global automotive industry, has selected Rimini Support™ for SAP to strengthen security, accelerate compliance readiness and free budget for innovation.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260303263951/en/

    Flexitech Chooses Rimini Street to Extend the Life of its SAP ECC, Accelerate Compliance and Fund Innovation

    Flexitech Chooses Rimini Street to Extend the Life of its SAP ECC, Accelerate Compliance and Fund Innovation

    Rimini Support™ Enables Stability, Compliance and Strategic Reinvestment

    Flexitech relies on a stable SAP ECC 6 environment to support its worldwide operations across Europe, Asia, North America and South America. As SAP maintenance fees continued to rise and the ROI for a forced migration to S/4HANA remained unclear, Flexitech sought an alternative that would preserve system stability while enabling progress on business-critical initiatives.

    By choosing Rimini Support for SAP, Flexitech extended the life of its proven SAP ECC 6 platform while redirecting savings into high-impact priorities. These include accelerated cybersecurity investments, Trusted Information Security Assessment Exchange (TISAX) compliance readiness, modernization of manufacturing execution systems and targeted research and development programs supporting next-generation brake and cooling hose technologies.

    "We had been working directly with SAP for many years, but the maintenance services were costly, and the value added was quite questionable in comparison," said Thierry Le Gouanvic, CIO at Flexitech. "The strategic move to Rimini Street freed up significant budget while giving us faster, better support, and we were able to extend the life of our very stable SAP ECC 6 platform for at least 15 additional years without feeling pressure to take on a disruptive move to S/4HANA."

    Why Manufacturers Like Flexitech Choose Rimini Street for SAP

    Rimini Support for SAP provides a clear alternative to costly vendor support while delivering measurable business value, enabling organizations to:

    • Extend the life of existing SAP systems for 15+ years without forced migrations
    • Free up 50–90% of total support budget for innovation and strategic initiatives
    • Meet global compliance requirements through Rimini Street's industry-leading Legislature-to-Live™ tax, legal and regulatory update services
    • Strengthen security posture with expert guidance and rapid response
    • Achieve business-driven flexibility instead of vendor-mandated upgrades
    • Protect business uptime with expert Level 4 support, including dedicated, native-language engineers backed by guaranteed SLAs and resolution times

    "The funds we saved, and the system stability achieved by moving to Rimini Street have empowered us to reinvest our people, time and money towards initiatives that put us on the forefront of innovation," said Le Gouanvic. "If we decide to acquire competitors or set up new manufacturing facilities in Asia or diversify into new types of hoses for cars, Rimini Street gives us the flexibility to support and optimize our SAP to align with our strategic direction."

    An End-to-End IT Partner that Scales with the Business

    "We previously had limited options when it came to external partners who could support us as our business expanded," said Le Gouanvic. "Rimini Street's extensive capabilities and experienced team give us confidence that whatever our next step, our SAP systems will be supported and optimized to match our strategy."

    "Flexitech's story demonstrates how organizations can unlock immediate value by moving away from costly, vendor-driven support models and toward a strategy that prioritizes stability, security and innovation," said James Harvey, regional CTO, EMEA, Rimini Street. "By choosing Rimini Street, Flexitech is preserving a reliable, mission-critical ERP foundation while redirecting critical resources toward business-driving initiatives – exactly what modern manufacturing leaders need to stay competitive in a rapidly evolving global market."

    Learn more about how Flexitech keeps SAP on track while shifting gears to innovation with Rimini Street.

    About Rimini Street, Inc.

    Rimini Street, Inc. (NASDAQ:RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who have leveraged the Rimini Smart Path™ methodology to achieve better operational outcomes, billions of US dollars in savings and fund AI and other innovation.

    To learn more, please visit www.riministreet.com, and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn.

    Forward-Looking Statements

    Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "anticipate," "assume," "believe," "budget," "continue," "could," "currently," "estimate," "expect," "forecast," "future," "intend," "may," "might," "outlook," "plan," "possible," "goal," "potential," "predict," "project," "reflect," "results," "seem," "seek," "should," "will," "would" and other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street's business, and actual results may differ materially. These risks and uncertainties include, but are not limited to our ability to attract new clients or retain and/or sell additional products or services to existing clients; our ability to achieve and maintain an adequate rate of revenue growth; cost of revenue, including changes in costs associated with our efforts to grow and the results of any efforts to manage costs to align with current revenue expectations and the expansion of our offerings; the effects of increased intense competition in our industry and our ability to compete effectively; our ability to successfully educate the market regarding the advantages of our support and managed services for enterprise resource planning (ERP) software and to sell the products and services comprising our "Rimini Smart Path™" solutions portfolio, including but not limited to our Agentic AI ERP solutions; our intentions with respect to our pricing model and expectations of client savings relative to use of other providers; the evolution of the ERP software management and support landscape facing our clients and prospects; estimates of our total addressable market; the effects of seasonal trends on our results of operations, including the contract renewal cycles for vendor-supplied software support and managed services; the effects of the efforts of enterprise software vendors to sell upgrades or migrations to cloud-based versions of their enterprise software on our results of operations; our ability to scale our operations quickly enough to meet our clients' changing needs or decrease our costs adequately in response to changing client demand; risks arising from incorporating artificial intelligence ("AI") technologies into our products or services or any deficiencies associated with AI technologies used by us or by our third-party vendors and service providers; our ability to maintain, protect, and enhance our brand; the continuing impact of and our ability to comply with the terms of our July 2025 settlement agreement with Oracle; our wind down of support services for Oracle PeopleSoft software products and the impact on future period revenue and costs incurred related to these efforts; the loss of one or more members of our management team and our ability to attract and retain additional qualified technical, sales and marketing personnel; our ability to expand our marketing and sales capabilities; our ability to avoid interruptions to, or degraded performance of, our services and the impact of any such interruptions or performance problems on our operations; our ability to defend against cybersecurity threats and to comply with data protection and privacy regulations; our expectations regarding new product offerings, innovation solutions, partnerships and alliance programs and our ability to develop and maintain strategic partnerships; our ability to expand internationally and the risks associated with global operations; the impact of macro-economic trends, including inflation and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; our ability to generate significant capital through our operations or to raise additional capital necessary to fund and expand our operations and invest in new services and products; our business plan and our ability to effectively secure and manage our growth and associated investments; risks relating to retention rates, including our ability to accurately forecast retention rates; our ability to protect our intellectual property; our ability to maintain an effective system of internal control over financial reporting; changes in laws or regulations, including tax laws or unfavorable outcomes of tax positions we take; tariff costs, including those imposed by the United States government and the potential for retaliatory trade measures by affected countries; our ability to realize benefits from our net operating losses; any negative impact of environmental, social and governance ("ESG") matters on our reputation or business and the exposure of our business to additional costs or risks from our reporting on such matters; our credit facility's ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the volatility of our stock price; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; our ability to maintain our good standing with the United States government and international governments and capture new contracts with governmental entities/agencies; the occurrence of catastrophic events that may disrupt our business or that of our current and prospective clients; future acquisitions of, or investments in, complementary companies, products, subscriptions or technologies; and those discussed under the heading "Risk Factors" in Rimini Street's Annual Report on Form 10-K filed on February 19, 2026, and as updated from time to time by Rimini Street's future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the U.S. Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street's expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street's assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street's assessments as of any date subsequent to the date of this communication.

    © 2026 Rimini Street, Inc. All rights reserved. "Rimini Street" is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20260303263951/en/

    Janet Ravin

    VP, Corporate Marketing

    Rimini Street, Inc.

    +1 702 285-3532

    [email protected]

    Get the next $RMNI alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $RMNI

    DatePrice TargetRatingAnalyst
    2/28/2025Neutral → Buy
    Alliance Global Partners
    12/17/2024$6.00Hold → Buy
    Craig Hallum
    7/31/2024Buy → Neutral
    Alliance Global Partners
    7/27/2023$10.00 → $3.00Buy → Hold
    Craig Hallum
    3/3/2022$10.50 → $8.50Neutral → Buy
    Alliance Global Partners
    1/19/2022$8.00Neutral → Buy
    Roth Capital
    11/4/2021$10.00 → $10.50Buy → Neutral
    Alliance Global Partners
    11/4/2021$13.50 → $10.00Outperform → Market Perform
    Cowen & Co.
    More analyst ratings

    $RMNI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    President, CEO & Chairman Ravin Seth A. gifted 115,000 units of Common Stock, converted options into 125,286 units of Common Stock and sold $189,735 worth of Common Stock (52,085 units at $3.64), decreasing direct ownership by 6% to 640,326 units (SEC Form 4)

    4 - Rimini Street, Inc. (0001635282) (Issuer)

    3/6/26 8:48:09 PM ET
    $RMNI
    Real Estate

    EVP & Chief Financial Officer Perica Michael L. sold $90,629 worth of Common Stock (24,879 units at $3.64) and converted options into 57,087 units of Common Stock, increasing direct ownership by 34% to 127,885 units (SEC Form 4)

    4 - Rimini Street, Inc. (0001635282) (Issuer)

    3/6/26 8:43:36 PM ET
    $RMNI
    Real Estate

    EVP & Chief Marketing Officer Rowe David W. converted options into 17,125 units of Common Stock and sold $26,261 worth of Common Stock (7,209 units at $3.64), increasing direct ownership by 2% to 467,705 units (SEC Form 4)

    4 - Rimini Street, Inc. (0001635282) (Issuer)

    3/6/26 8:39:57 PM ET
    $RMNI
    Real Estate

    $RMNI
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Flexitech Chooses Rimini Street to Extend the Life of its SAP ECC, Accelerate Compliance and Fund Innovation

    Rimini Support™ for SAP helps French brake parts manufacturer avoid unwanted move to RISE with SAP, strengthen security and compliance readiness and reinvest freed capital into R&D and modernization initiatives Rimini Street, Inc. (NASDAQ:RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced Flexitech, a French manufacturer of brake and cooling hose solutions for the global automotive industry, has selected Rimini Support™ for SAP to strengthen security, accelerate compliance readiness and free budget for innovation. This press release features multimedia. View the full release here: http

    3/3/26 9:00:00 AM ET
    $RMNI
    Real Estate

    KleanNara Partners with Rimini Street to Accelerate Digital Transformation

    South Korea's leading paper manufacturer cuts SAP ECC 6 and Oracle Database maintenance costs with Rimini Support™, freeing up funds and team focus for AI-driven innovation and growth Rimini Street, Inc. (NASDAQ:RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced KleanNara has selected Rimini Street to provide support for its SAP ECC 6 and Oracle Database systems. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260225123422/en/KleanNara Partners with Rimini Street to Accelerate Digital Transformation Founded in 1966, KleanNara

    2/25/26 9:00:00 AM ET
    $RMNI
    Real Estate

    Rimini Street Announces Fiscal Fourth Quarter and Annual 2025 Financial and Operating Results

    Fourth Quarter and Full Year 2025 Financial Highlights Include: Remaining Performance Obligations (RPO) of $652.9 million, up 11.1% from the prior year Adjusted Calculated Billings, full year 2025, up 4.2% from the prior year Adjusted Annualized Recurring Revenue (ARR) up 3.1% from the prior year Rimini Street, Inc., (NASDAQ:RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced results for the 2025 fourth quarter and fiscal year ended December 31, 2025. This press release features multimedia. View the full release

    2/19/26 4:01:00 PM ET
    $RMNI
    Real Estate

    $RMNI
    SEC Filings

    View All

    Rimini Street Inc. (DE) filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    8-K - Rimini Street, Inc. (0001635282) (Filer)

    3/3/26 5:03:00 PM ET
    $RMNI
    Real Estate

    Rimini Street Inc. (DE) filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - Rimini Street, Inc. (0001635282) (Filer)

    2/20/26 4:03:50 PM ET
    $RMNI
    Real Estate

    SEC Form S-8 filed by Rimini Street Inc. (DE)

    S-8 - Rimini Street, Inc. (0001635282) (Filer)

    2/19/26 4:08:51 PM ET
    $RMNI
    Real Estate

    $RMNI
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Rimini Street upgraded by Alliance Global Partners

    Alliance Global Partners upgraded Rimini Street from Neutral to Buy

    2/28/25 7:41:54 AM ET
    $RMNI
    Real Estate

    Rimini Street upgraded by Craig Hallum with a new price target

    Craig Hallum upgraded Rimini Street from Hold to Buy and set a new price target of $6.00

    12/17/24 8:34:19 AM ET
    $RMNI
    Real Estate

    Rimini Street downgraded by Alliance Global Partners

    Alliance Global Partners downgraded Rimini Street from Buy to Neutral

    7/31/24 11:59:38 AM ET
    $RMNI
    Real Estate

    $RMNI
    Financials

    Live finance-specific insights

    View All

    Rimini Street Announces Fiscal Fourth Quarter and Annual 2025 Financial and Operating Results

    Fourth Quarter and Full Year 2025 Financial Highlights Include: Remaining Performance Obligations (RPO) of $652.9 million, up 11.1% from the prior year Adjusted Calculated Billings, full year 2025, up 4.2% from the prior year Adjusted Annualized Recurring Revenue (ARR) up 3.1% from the prior year Rimini Street, Inc., (NASDAQ:RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced results for the 2025 fourth quarter and fiscal year ended December 31, 2025. This press release features multimedia. View the full release

    2/19/26 4:01:00 PM ET
    $RMNI
    Real Estate

    Rimini Street to Report Fourth Quarter and Fiscal Year 2025 Financial Results on February 19, 2026

    Rimini Street, Inc. (NASDAQ:RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it will report earnings after market close on February 19, 2026. The company will host a conference call and webcast on that date to discuss the fourth quarter and fiscal year 2025 results and the 2026 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260126188817/en/Rimini Street to Report Fourth Quarter and Fiscal Year 2025 Financial Results on February 19, 2026 A live webcast of the event will b

    1/26/26 1:46:00 PM ET
    $RMNI
    Real Estate

    Rimini Street Announces Fiscal Third Quarter 2025 Financial and Operating Results

    Third Quarter Financial Highlights Include: Remaining Performance Obligations (RPO) of $611.2 million, up 6.4% from the prior year Adjusted Calculated Billings of $63.9 million, up 6.7% from the prior year Active Clients of 3,155, up 1.9% from the prior year Rimini Street, Inc. (the "Company") (NASDAQ:RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced results for the fiscal third quarter ended September 30, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home

    10/30/25 4:01:00 PM ET
    $RMNI
    Real Estate

    $RMNI
    Leadership Updates

    Live Leadership Updates

    View All

    Rimini Street Appoints Vijay Kumar as EVP and Chief Operating Officer

    Seasoned business and IT executive leader to drive operational efficiency, scaling, increased profitability and accelerated growth of the business Rimini Street, Inc. (NASDAQ:RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the appointment of Vijay Kumar as executive vice president (EVP) and chief operating officer (COO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250528704180/en/Rimini Street Appoints Vijay Kumar as EVP and Chief Operating Officer In this role, Mr. Kumar

    5/28/25 12:00:00 PM ET
    $RMNI
    Real Estate

    Rimini Street Appoints Joe Locandro as EVP and Chief Information Officer to Lead Global IT Strategy

    Former Rimini Street client and seasoned IT and business executive to drive enterprise systems strategy and accelerate innovation across Rimini Street's global operations Rimini Street, Inc. (NASDAQ:RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the appointment of Joe Locandro as executive vice president (EVP) and chief information officer (CIO). In this role, Locandro will lead Rimini Street's global IT operations, oversee enterprise systems strategy and drive technology innovation initiatives in support of Rimini Street's continued gr

    4/24/25 9:00:00 AM ET
    $RMNI
    Real Estate

    Rimini Street Appoints Martyn Hoogakker as GVP & General Manager for EMEA Region

    Seasoned SaaS and Professional Services Executive to Usher in Next Generation of Growth and Innovation in EMEA Rimini Street, Inc. (NASDAQ:RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced the appointment of Martyn Hoogakker as the new group vice president and general manager for the Europe, Middle East and Africa (EMEA) region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240410003896/en/Rimini Street Appoints Martyn Hoogakker as GVP & General Manager for EMEA Regio

    4/10/24 9:00:00 AM ET
    $RMNI
    Real Estate

    $RMNI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by Rimini Street Inc. (DE) (Amendment)

    SC 13G/A - Rimini Street, Inc. (0001635282) (Subject)

    2/14/24 9:56:47 AM ET
    $RMNI
    Real Estate

    SEC Form SC 13D filed by Rimini Street Inc. (DE)

    SC 13D - Rimini Street, Inc. (0001635282) (Subject)

    1/2/24 12:50:48 PM ET
    $RMNI
    Real Estate

    SEC Form SC 13G filed by Rimini Street Inc. (DE)

    SC 13G - Rimini Street, Inc. (0001635282) (Subject)

    2/14/23 6:14:23 AM ET
    $RMNI
    Real Estate